Wednesday, May 4, 2011

Um, It's Almost The Same Question?

CNBC:

Angela Merkel, Jean-Claude Trichet and to a lesser extent Nicolas Sarkozy have to answer the following question: do we bailout the banks or do we throw more money at highly-indebted nations like Ireland, Portugal and more urgently, Greece?

Bailing out those countries is basically... bailing out the banks.

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